You've also failed to note that almost all newer investors are using bank money for re-fi's...this means that the ability to re-fi is COMPLETELY dependent upon your personal DTI and credit score...and seasoning...There is a lot more too this, but BRRRR does not happen seamlessly by waiving a magic wand.The converse is that you use private money, and assign debt to multiple properties...so, you have 20 units to the gills with debt and a lender requirement for cash reserves so high that it does not permit you to take cash from rental income...

Hi CarolinaThere is no magic zip code that gives good ROI as crime areas change by a few blocks.   

Auction.com states that they have the right to also bid on behalf of the seller, so I don't know if I was bidding against another investor or just an Auction.com employee - they magically dropped out as soon as the reserve was met.Within 15 minutes of the close of the auction, I was contacted by a representative who told me exactly what to expect from there -- execute the contract, submit earnest money, wait for buyer approval, etc.  

Looking to add another 15 unit deal at $1,000,000 to my portfolio by the end of this year... oh, and I’m retired and do real estate full time now... there is no magic plan or secret.

The ones out there, (atleast on the MLS) are a bit high to make the magic numbers work, but of course I could always lowball an offer. 4.

For instance there’s something magical about being able to take a month or two of vacation time.

Originally posted by @Heather Rodden:@Ron GallagherProbably 4 nice 2-3 bedroom rentals, renting for between $600-800/mo Where is this magical location Heather?

I call it my magic bank account lol.

The growth can compound and then the magic happens. 

The Magic of Thinking Big by David Schwartz 2.)